City asset manager M&G said today that its voluntary redundancy programme received more than the 200 applicants it targeted and pledged to continue with plans to “streamline” the business.
It also reported net client inflows of £400 million for the first quarter of the year and assets under management and administration of £342 billion, up £2 billion. It said much of the growth came from the UK market, “ending a long period of subdued performance”.
